WEST VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 21, 2008) - Columbia Yukon Explorations Inc. (the "Company" or "Columbia Yukon") (TSX VENTURE:CYU) is pleased to announce that, subject to regulatory approval, it has entered into an Investment Marketing and Services Agreement (the "Agreement") with Com-Advice AG of Frankfurt, Germany ("Com-Advice"), pursuant to which Com-Advice has been retained to provide investor relations and marketing services to the Company.

Pursuant to the Agreement, the Company will pay Com-Advice a fee of 7,000 Euros per month (approx. CDN $10,500) for an initial term of 12 months (renewable upon mutual agreement). As part of the compensation for such services, Com-Advice will also be granted 210,000 stock options of the Company at an exercise price of $0.63. Such options will be subject to certain vesting requirements in accordance with regulatory requirements and the terms and conditions of the Company's stock option plan.

Com-Advice is based in Frankfurt, Germany (and also has offices in Baar, Switzerland) and has provided investor relations services for numerous public companies listed on the TSX and the TSX Venture Exchange, in addition to many clients listed on various European Exchanges. Com-Advice's objective is to increase awareness of the Company in the resource investment community through its extensive network of institutional and accredited investors and through increased exposure of the Company at mining resource conferences (which Com-Advice sponsors and organizes in Germany, Switzerland and other parts of Europe). Additionally, Com-Advice will provide the Company with improved dissemination and translation of the Company's news releases and corporate information in an effort to enhance the effectiveness of the Company's listing on the Frankfurt Stock Exchange (trading symbol:VOR.F).

About Columbia Yukon Explorations Inc.:

Columbia Yukon is a Canadian mineral exploration company focused on the development of its Storie Molybdenum Property deposit located in northern British Columbia, 5km south of the Hwy from the former Cassiar Mine townsite.

Columbia Yukon Explorations Inc.

Douglas L. Mason, Chairman

The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this release.